PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
The CBIC issued Circular No. 15/2025-Customs to simplify air cargo movement and transhipment procedures. Key modifications include eliminating the Rs. 20 transshipment permit fee and harmonizing Unit Load Device (ULD) movement regulations. Carriers can now temporarily import ULDs outside customs areas by executing a "Continuity Bond" with specific requirements for tracking devices. The circular aims to enhance trade facilitation, reduce compliance burdens, and streamline customs protocols for air cargo transportation. Tracking devices must comply with aviation security guidelines, and carriers bear responsibility for proving ULD export within specified timeframes. The directive supports the government's objective of improving infrastructure and making customs processes more user-friendly.
The CBIC issued Circular No. 15/2025-Customs to simplify air cargo movement and transhipment procedures. Key modifications include eliminating the Rs. 20 transshipment permit fee and harmonizing Unit Load Device (ULD) movement regulations. Carriers can now temporarily import ULDs outside customs areas by executing a "Continuity Bond" with specific requirements for tracking devices. The circular aims to enhance trade facilitation, reduce compliance burdens, and streamline customs protocols for air cargo transportation. Tracking devices must comply with aviation security guidelines, and carriers bear responsibility for proving ULD export within specified timeframes. The directive supports the government's objective of improving infrastructure and making customs processes more user-friendly.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4827 
Join Channel 
